We're here with practical tax information for your business. Find out about business taxes, tax planning and more.

We've scoured the web to get you the most up-to-date advice which includes the most useful tools on offer from the officials themselves.

Effective tax planning is essential if you are to minimise your tax bills. Simple tax planning can significantly reduce your tax liabilities.

The self-assessment tax return is an unavoidable burden if you are liable for self-employed tax or have complicated income tax affairs.

Corporation tax is charged on a company's profits. If you trade as a limited company, ensure that paying this tax is as painless as possible.

National Insurance Contributions (NICs) are payable whether you are self-employed or employed by your own company, although different rates apply.

As well as your legal obligations, you’ll want to ensure that payroll is painless and that you use any opportunities to improve your tax-efficiency.

VAT

Effective VAT planning aims to ensure that VAT is relatively painless, and that you are reclaiming as much as possible of the VAT you pay.

Capital gains are made when you sell something for more money than you paid for it. As a result, you can be subject to tax. Take professional advice.

Business property taxes apply to businesses with commercial premises.There are two commercial property taxes: business rates and stamp duty land tax.

If you have tax problems or face a tax investigation, it pays to seek professional advice and you must act rather than just hoping for the best.

Workers want more flexibility over Christmas

6 November 2018

Workers want more flexibility over ChristmasA new poll of office workers has found that 75% would like the chance to work from home or change their hours in the run-up to Christmas.

Seareach polled over 3,000 office-based employees to find out if they wanted to change the way they worked in the run-up to Christmas. The findings reveal that 75% of respondents agreed that they would "like to have more flexible working over the Christmas period".

Half (51%) of those who wanted more flexible working wanted the opportunity to work from home and 49% wanted the chance to work flexible hours.

Stuart Jailler at Seareach said: "Our research this year has shown that a lot of office-based staff would like the option to work from home, not only to save time and money, avoiding the commute but also to be able to spend more time with their families.

"If companies can look at allowing flexible working hours and the option for staff to work from home, especially at busy periods such as Christmas, it can make for a more productive office environment because staff will be happier and more focused. We also know there are concerns for employers, such as security issues, fairness, lack of teamwork, productivity and perceived poor reflection, but there are ways to combat these concerns."

The report highlights the most important factors for successful flexible working arrangements:

  • Regular communication, using apps to track work completed and hours undertaken;
  • Technology including laptops and good wifi at home as well as access to online tools and apps such as such as Slack, Trello and Skype;
  • Security, including strong password and log-in procedures, encrypted emails and ring-fenced data.
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